Some XRP supporters are pointing to July 3 as a potential turning point, citing an upcoming closed-door SEC meeting. Crypto […]
The post Ripple vs. SEC Nears Final Stage, but July 3 May Not Be the End appeared first on Coindoo.
Some XRP supporters are pointing to July 3 as a potential turning point, citing an upcoming closed-door SEC meeting.
Crypto commentator Captain Redbeard called the date a “moment of truth,” suggesting the SEC may also vote to drop its appeal—potentially bringing long-awaited regulatory clarity for XRP. But legal experts are urging caution.
Former SEC attorney Marc Fagel pushed back on the hype, noting that such meetings occur weekly and the agenda is confidential. He explained that the vote to dismiss the SEC’s appeal could happen at any time or via alternative mechanisms, not necessarily this week.
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Fagel also outlined the final steps needed to close the case: the SEC must formally vote to drop the appeal, both sides must file paperwork, and the court must finalize the dismissal. That process could take weeks, though it may be expedited.
Despite the uncertainty around timing, many in the XRP community remain optimistic that the lawsuit is in its final chapter—one that could reshape how crypto assets are regulated in the U.S.
The post Ripple vs. SEC Nears Final Stage, but July 3 May Not Be the End appeared first on Coindoo.
Source: https://coindoo.com/ripple-vs-sec-nears-final-stage-but-july-3-may-not-be-the-end/
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